3265 Falls Pkwy - Retail FOR SALE


Branson, MO 65616
$5,594,000 USD
630-570-2238
3265 Falls Pkwy, Branson, MO for Sale
$5,594,000 USD
Retail - FOR SALE
1/10
null | 9.6% Cap Rate

3265 Falls Pkwy
Branson, MO 65616


HIGHLIGHTS

  • 91% occupied retail center | 8.10-Year weighted tenant tenure
  • Add-value opportunity | 4,000 SF of vacant space available to lease
  • New roof was installed in 2020 with a silicone membrane over a standing seam metal roof | 20 year warranty
  • Located on a 5.35-acre lot with 238 parking spaces | Frontage along Historic Highway 165
  • Close proximity to Branson’s top tourist destinations and numerous of hotels
  • Population within a mile is expected to grow an additional 2.6% by 2030

OVERVIEW

The Falls Parkway Shopping Center is a 91% occupied retail center featuring an established tenant base with an 8.10-year weighted tenant tenure. Long-operating tenants, including Hollywood Nails (2000), Red Garter Ladies Apparel (2007), and Shogun Japanese Steak & Sushi (2014), highlight the center’s stable occupancy history. The property also presents a value-add opportunity through approximately 4,000 square feet of available space. Located along Historic Highway 165, the center benefits from strong visibility and convenient access near Branson’s top tourist destinations. The property is surrounded by many of the area’s most popular attractions and hundreds of nearby hotel rooms that help generate consistent visitor traffic throughout the year. Branson Mall, located two miles away, attracts 3.9 million annual visitors and ranks in the top 8% of shopping centers nationwide by visits. Supported by Branson’s tourism-driven economy and a growing trade area, more than 13,000 residents and 16,000 employees are located within three miles. Within a mile the population grew 16.43% from 2010-2020 and is projected to grow 2.6% by 2030.

FOR SALE DETAILS

PRICE

$5,594,000 USD

PRICE/SF

$121 USD /SF

CAP RATE

9.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Falls Parkway Shopping Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

238

LAND DETAILS

LAND ACRES

5.35 AC

LAND SF

233,046 SF

ZONING

C

APN/PARCEL ID

18-1.0-11-001-002-010.000

ASK ABOUT THIS PROPERTY

Sean SharkoSharko | Weisenbeck | Mendoza GroupMore Info
630-570-2238

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Sean SharkoSharko | Weisenbeck | Mendoza GroupMore Info
630-570-2238

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.